The trend of urban dwellers looking for homes outside of their cities has increased significantly, with nearly 60% of home shoppers exploring out-of-metro options. This shift is influenced by high housing prices and the prevalence of remote work. San Jose leads with an impressive 93.7% of searches aimed outside the city, driven by a median sales price of $2.02 million. Other cities like Washington, DC, New York City, Chicago, and Boston have also seen rising out-of-metro interest, revealing a nationwide trend against high-cost urban living.
In recent months, close to 60% of urban home shoppers searched for listings outside their metros, reflecting a shift away from expensive city living.
San Jose, California recorded the highest share of local searches directed outside the city, with 93.7%, driven by its record-high median home price of $2.02 million.
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